8242L

DISTINCTIVE 18th CENTURY ENGLISH COUNTRY INN OFFERED ON A ‘FREE OF TIE’ LEASE SITUATED WITHIN THE AFFLUENT AND HIGHLY DESIRABLE WEST SUSSEX VILLAGE OF WEST LAVINGTON, CLOSE TO GOODWOOD, ON THE EDGE OF THE SOUTH DOWNS NATIONAL PARK

8242L


  • Delightful 18th century country inn situated in the prime village location of West Lavington.
  • Traditional Lounge Bar (circa 70), cosy and versatile Private Dining Room (circa 20+ covers) and a multi-functional Restaurant (circa 36+ covers).
  • Good sized 4 bedroom family accommodation.
  • Wealth of charm and character throughout exuding a warm and welcoming ambience.
  • Fully equipped Commercial Catering Kitchen.
  • Superb Beer Garden (circa 200+). Patron’s Car Park.
  • Advised current turnover circa £600,000+ (incl. VAT).
  • Trade split circa 40% wet and 60% food sales. Immense potential for catering/events orientated operators.
  • AEW Holdings ‘FREE OF TIE’ lease.
AN AMAZING OPPORTUNITY TO ACQUIRE THIS EXTREMELY WELL ESTABLISHED BUSINESS AND FAMILY HOME OFFERING UNTOLD GROWTH POTENTIAL AND A WONDERFUL QUALITY OF LIFE IN THIS ENVIABLE LOCALE


ASKING PRICE £95,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This delightful country inn is located within the highly desirable village of West Lavington in the Chichester district of West Sussex, on the edge of the South Downs. The village is situated on the Midhurst to Chichester A286 road. This lovely country inn offers views over the South Downs National Park which is a designated Area of Outstanding Natural Beauty and attracts a tremendous number of visitors on an annual basis.

This business is well positioned for Goodwood, being only a few miles away, with its ever increasing extremely popular festivals of both Racehorses (Glorious Goodwood) and Motor Vehicles (Goodwood Festival of Speed). The nearest town is Midhurst which was voted the 2nd best town in England by the Country Life magazine and is most famous for its Polo Events especially the ‘Veuve Clicquot Gold Cup’.

THE PROPERTY

This impressive 18th century Grade II listed country inn occupies an easily accessible main road trading position in this most delightful South Downs village.

Main entrance at the front leading into the lobby with access to the Lounge Bar.

Lounge Bar (circa 70) being a lovely traditional room exuding a welcoming and relaxing ambience having a feature central return bar servery with a solid polished counter, a matching mirrored back fitting with glass shelving and refrigerated bottle coolers (not tested) which is complemented by an excellent eclectic range of solid polished tables, upholstered chairs, a comfortable leather sofa, upholstered armchairs and bar stools. There is also an additional raised seating area furnished with loose polished tables and upholstered chairs. There is also a lovely feature brick built fireplace with an inset log burner. Adding to the charm and character of this room is the delightful exposed brick walling, the timber pillars and the solid oak and slate floor. Access to the Restaurant and Private Dining Room.

Private Dining Room (circa 20+ covers) is a cosy and versatile room being well furnished with solid polished tables and upholstered chairs. The room also has a solid oak floor.

Restaurant (circa 36+ covers) is a good sized multi-functional room ideal for a variety of events including wakes and private parties etc and offers a relaxing and intimate dining atmosphere and is well furnished with solid polished tables and upholstered chairs. The room has a solid oak floor.

Catering facilities include a good sized fully equipped commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). Access to a covered area with a walk-in chiller.

Ground Floor Cellar with delivery access, pumps, tilt racks, python, post mix and cooler.

Office

Ladies, Gents and Disabled W.C.’s.

OWNERS ACCOMMODATION

Situated on the ground floor and the 1st floor; being of a good size and briefly comprises: 4 bedrooms, lounge, kitchen (situated on the ground floor) and bathroom.

EXTERNAL

There is a delightful lawned Beer Garden (circa 200+) which is very well furnished with timber picnic benches and offering views over the South Downs. Patron’s car parking facilities for circa 45+ cars. There is also a private garden with storage facilities.

TRADING HOURS

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Monday – Sunday – 10.00am – Midnight

The current opening hours are as follows:

Monday – Friday – Midday – 3.00pm & 5.30pm – 10.30pm

Saturday – Midday – 11.00pm

Sunday – Midday – 9.30pm

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS

The business is offered for sale as a lease assignment with approximately 7 years remaining of the AEW Holdings full repairing and insuring agreement. We are advised that the inn is ‘FREE OF TIE’. We are informed that the rent is currently £54,000 per annum. We are advised that the inn benefits from all mains services with the exception of LPG for heating and cooking (no services seen or tested). Business rates payable are advised as currently being circa £10,000 per annum.

THE BUSINESS

Our vendor clients operate this excellent business as a ‘partnership’ team with the assistance of 5 full time and 6/7 part time/casual members of staff. Trade is currently derived from circa 40% wet and 60% food sales. Whilst emulating the current business model; there is still immense potential for a new full time hands-on owner operator partnership with previous experience of running a catering/events orientated operation enabling them to take this business to the next level by exploiting the food and functions potential that is to be found here. There are many additional areas of potential to increase sales and profitability by implementing a strategic marketing campaign to utilise the premises for private parties, wakes and functions etc. Advised current turnover circa £600,000+ (incl. VAT). This delightful inn is a well-established and successful business and in our opinion with the above areas of potential we would quite easily expect a fully focussed and fully committed operator to achieve a turnover well in excess of £700,000 (incl. VAT). Accounting information will be made available to interested parties after viewing.

This business was viewed by Martin McConnell who would be delighted to discuss further details and can be contacted on 07970 213549.

Viewing appointments must be made by contacting Guy Simmonds on 01332-865112.

Details Prepared: April 2019

ADDITIONAL IMAGES

8242L

8242L

8242L

8242L

8242L

8242L

8242L

8242L

8242L

8242L

8242L

8242L

8242L

8242L